Though Millennials get a bad rap, they're financially prudent. And feeling financially secure is nearly half the battle of becoming financial secure, as Gen Y-ers have learned.

Though Millennials get a bad rap, they're financially prudent. That may be because they experienced tough economic cycles during the formative years of their financial lives just like their grandparents, the World War II generation. A Northwestern Mutual study found that about 70% of highly disciplined planners feel very financially secure compared to only 17% of non planners. And feeling financially secure is nearly half the battle of becoming financial secure, as Gen Y-ers have learned.